Albany, NY -- (SBWIRE) -- 02/17/2016 -- Waste to energy is a technique used to produce energy in the form of electricity and heat. The benefits of the technique include reduction in the amount of waste to be sent to landfills, and extracting value from waste. Asia-Pacific region with developing countries such as Japan, China and India is dominating the waste to energy market. Japan has the highest level of sustainable waste management with a capacity to convert more than 60 percent of waste to energy. China and India, the two most populated countries of the world have a potential to generate huge amount of waste and provide feed to waste to energy plants. These countries are developing and are focusing on their waste to energy practices to improve the quality of life. These countries are shifting from landfills or open dumping of solid waste to a more environment friendly option of waste to energy to reduce GHG emission.

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European countries used to be market leaders in the waste to energy market and are highly advanced in treating their solid waste. However, the market in the European region is stagnant and investment in waste to energy plants has decreased especially after the European crisis. Countries such as Belgium, The Netherlands, Sweden, Austria, and Germany have reduced their dependency on landfills. The amount of waste being land filled by these countries is less than 1%.

Waste to energy market is driven by various factors such as energy security, increased landfill tax, and GHG emission from landfills. Apart from these factors, grants or incentives provided by the government to waste to energy facilities is one of the major factors leading to the growth of the market. Waste to energy is considered as a renewable source of energy and is promoted by various government policies. These policies are launched to attract investors to this market and increase the share of renewable energy. Some of the programs launched by the U.S. Department of Energy and Nebraska Department of Environmental Quality are Waste Energy Recovery Incentive Grant Program, and Waste Reduction and Recycling Incentive Grants Fund respectively. Landfill tax has been increased by the governments in North America and Europe which has promoted the use of waste to energy techniques. But this varies from country to country. In the U.K, the tax on landfill for active waste has increased from Euro 64 per ton in 2012 to Euro 72 per ton in 2013.

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The waste to energy market is segmented into thermal and biological technologies. Thermal technology is preferred over biological as it is not very selective towards the type of feed processed in the plant and also reduces the volume and weight of waste recovered in the form of ash. However, variation in the type of feed being processed in an incineration plant will affect the efficiency of the plant. Biological plants which convert waste to energy using anaerobic digestion are able to process waste which is biodegradable and has high moisture content, and hence are mostly preferred by farmers.

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The Babcock & Wilcox Company, Constructions industrielles de la Méditerranée (CNIM), C&G Environmental Protection Holdings Ltd., China Everbright International Limited, Foster Wheeler AG, Xcel Energy, KEPPEL SEGHERS, Veolia Environnement, Suez Environment S.A, and Waste Management Inc. are some of the key players in the waste to energy market.

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